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TRAE YOUNG FAMILY FOUNDATION

GARDEN CITY, NY · EIN 833457528 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$950K
expenses
$474K
net assets
$703K
employees
profile · synthesized from sources

Private foundation established by NBA player Trae Young, focused on youth development and community support through strategic grants. Primarily funds youth centers, athletic facilities, and programs serving underprivileged families in Oklahoma, Texas, and Georgia. Supports initiatives in education, health care, and youth sports.

named programs · 4 · from sources

What they call their work

Pampa Basketball Courts
Replaces youth basketball courts in Pampa, Texas to provide safe athletic facilities for underprivileged youth
Support for Collegiate Athletes
Funds initiatives through 1Oklahoma Collective to support collegiate athletes
Support for Young Girls of Oklahoma
Grants to Twirl and Moxie to support programs for young girls in Oklahoma
Youth Community Center
Supports youth development through community centers providing recreational, educational, and social programming
activities · 7 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding general charitable operations
      Awards grants to organizations including the Edward Charles Foundation and Atlanta Youth Academy to support their general charitable operations.
    • Funding support for underprivileged families
      Provides grants to the Communities Foundation of Oklahoma to assist underprivileged families in the Oklahoma community, with repeated funding allocations reported across filings.
  • Jewish Religious Institution Support 1 activity
    • Funding faith-based charitable operations
      Provides financial support to Victory Family Church for general charitable operations, with duplicate entries indicating consistent funding over time.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding local healthcare initiatives
      Supports healthcare efforts in the Norman, Oklahoma community through grants to the Norman Regional Health Foundation.
  • Women's Rights and Empowerment Grants 1 activity
    • Funding programs for young girls
      Supports Twirl and Moxie’s programs aimed at empowering and serving young girls in Oklahoma.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding support for collegiate athletes
      Grants funds to 1Oklahoma Collective to support collegiate athletes, likely through name, image, and likeness (NIL) initiatives or related programs.
  • Summer Camp Access Scholarships 1 activity
    • Funding youth community center operations
      Funds the Young Family Athletic Center to operate a youth community center, providing services and programming for young people. This grant activity is documented in multiple fiscal reports.
  • Capital Infrastructure Funding 1 activity
    • Funding youth sports infrastructure
      Finances the City of Pampa, Texas to replace basketball courts used by underprivileged youth, supporting access to sports and recreation.
financials · form 990PF · fy2024
revenue
Total revenue$950K
Contributions & grants$909K96%
Program service revenue
Investment income$24K3%
Other revenue$17K
expenses
Total expenses$474K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$440K
balance sheet
Total assets$978K
Cash
Investments
Liabilities
Net assets$703K
4 years on record · 2020–2024 · YoY revenue +54.1%
relationships · 9

Who they work with

  • 1OKLAHOMA COLLECTIVE Partner — Funded to support collegiate athletes.
  • ATLANTA YOUTH ACADEMY Partner — Funded for general charitable operations.
  • CITY OF PAMPA TEXAS Government — Funded to replace youth basketball courts for underprivileged youths.
  • COMMUNITIES FOUNDATION OF OKLAHOMA Partner — Funded to assist underprivileged families in the Oklahoma community.
  • EDWARD CHARLES FOUNDATION Partner — Funded for general charitable operations.
  • NORMAN REGIONAL HEALTH FOUNDATION Partner — Funded to support healthcare efforts in the Norman community.
  • TWIRL AND MOXIE Partner — Funded to support young girls of Oklahoma.
  • VICTORY FAMILY CHURCH Partner — Funded for general charitable operations.
  • YOUNG FAMILY ATHLETIC CENTER Partner — Funded to operate a youth community center.